Loading...
1983-22 RESOLUTION NO. 83-22 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, MAKING FINDINGS AND DETERMINATIONS AND CONSENTING TO THE USE OF TAX INCREMENT REVENUES TO FINANCE THE CIVIC CENTER PROJECT. WHEREAS, the Community Redevelopment Agency and the City propose to pay for the costs of a certain project from taxes allocated to the Community Redevelopment Agency, pursuant to Section 33670(b) of the Health and Safety Code ("tax increment") ; and WHEREAS, the proposed project is generally described as follows:. Construction of a Civic Center including appurten- ances and appurtenant work together with costs of acquisition of the site and other costs and. expenses incident thereto hereinafter collectively called "the Project" ; and WHEREAS, construction of the Project and acquisition of land-for-the ' Project have been provided for in the Community Redevelopment Plan; and WHEREAS, pursuant to Section 33679 of the ,Health and Safety Code, the Community Redevelopment Agency and City have held a joint public hearing on the use of tax increment revenues to finance the Project; and WHEREAS, notice of the joint public hearing has' been given in the time, form, and manner required by law; and WHEREAS, pursuant to Section 33679 of the Health and Safety Code, a summary of information has been made available for public inspection and copying prior to the time of the first publication of the notice of the joint public hearing; and WHEREAS, at the joint public hearing, the Community Redevelopment Agency and City Council received and considered all testimony material to the use of tax increment revenues to finance the Project; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Grand Terrace as follows: SECTION 1. The above recitals are all true and correct. SECTION 2. Based upon the testimony and evidence received at the joint public hearing, the Community Redevelopment Agency hereby determines as follows: (a) That the Project is of benefit to the Project Area and the immediate neighborhood in which the Project is located; and (b) That no other reasonable means of financing the Project is available to the community. SECTION 3. The City Council hereby grants consent to the Community Redevelopment Agency to the use of tax increment revenues to finance the Project. SECTION 4. The City Council further authorizes the Community Redevelopment Agency to enter into appropriate contracts for the use of tax increment revenues to finance the Project and, upon execution of appropriate contracts therefor, such contracts shall constitute an indebtedness of the Agency which shall be payable out of taxes levied in such Project Area and allocated to the Community Redevelopment Agency under Section 33670(b) of the Health and Safety Code. ADOPTED this 26th day of May, 1983. ATTEST:_ i ty^ r_c o t e i ty o r ayo o e i of-Gram Terrace =Terra e`-_and of the City Cou i 1 and of the i ty Council thereof. ue:reof Approved as to form: City Attorney -2- STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of said City at a regular meeting of the City Council held on the 26th day of May, 1983, and that it was so adopted by the following vote: AYES: Councilmembers Rigley, Petta, Nix, Pfennighausen; Mayor Grant. NOES: None. ABSENT: None. i ty a o the i ty o r Terrace'--, and of t e City Council the r ,of:,. — - - STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE ) I, MYRNA ERWAY, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the above and foregoing is a full, true, and correct copy of Resolution No. 83-22 of said City, and that the same has not been amended or repealed. DATED: May 26, .1983. City V,6rk of the City of fr`_ Terrace and o the City Council th2 .;of;